Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Versatile Commercial Building in Pontiac Title is generated by Realmo AI

    70 Lafayette St, Pontiac, MI 48342

    View on Map
    Claim this Listing
    For Lease
    $5,000/Mo $13 SF/Yr (calc)

    Two-story commercial building with flexible space in downtown Pontiac.

    Type:Commercial
    Property size:
    4,400 SF
    Added:
    Apr 15, 2026
    Days on Market:
    49
    Last Refresh:
    Apr 4 at 6:36 am

    Property Features for 70 Lafayette St

    General Information

    Standard status
    Active
    Size
    4,400 SF
    Property subtype
    Commercial

    We can help!

    Listing Contact
    Shawn R Arnaout
    Shawn R Arnaout

    Listing agent Shawn R Arnaout License #6501362624

    Listing office @properties Christie's Int'l R E Rochester

    Listing date Apr 15, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of @properties Christie's Int'l R E Rochester

    HighLights

    • Prime location in Pontiac's thriving downtown district within the desirable Woodward Loop.
    • Approximately 4,400+ SF of flexible space suitable for various uses.
    • Excellent visibility and multiple entrances.
    • Private parking lot.
    • Ideally located near major roads providing easy access to Metro Detroit.
    • Walking distance to downtown amenities and the Pontiac Transportation Center.

    Overview

    Located in Pontiac's downtown district, this two-story commercial building offers approximately 4,400+ SF of flexible space within the Woodward Loop. The property features visibility, a private parking lot, multiple entrances, and an adaptable layout suited for office, medical, retail, restaurant, or multi-tenant use (buyer to verify zoning). It is ideally located near Woodward Ave (M-1), Huron St (M-59), and Telegraph Rd (US-24), providing access to Metro Detroit. The property is within walking distance to downtown amenities and minutes from the Pontiac Transportation Center, offering accessibility and foot traffic.
    Location Intelligence

    Current Use by Public Records

    Jimmica Donald Foster Care Service Icelinn Wallace Foster Care Service New Passages Social Service Agency Hope Network Southeast Crisis Center Darlene Massey Counselor

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pontiac
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2963926
    Latitude
    42.6411012

    Nearby Similar for Lease

    • $10 SF/Yr
      10,000 SF

      Retail Space in Busy Corridor

      10,000 SF retail space with high visibility signage.
      1850 N Perry St, Pontiac, MI 48340
      View Details
    • $800/Mo

      Storefront or Office Space Available

      Lease opportunity: storefront or office near courthouse.
      77 N Saginaw St, Pontiac, MI 48342
      View Details
    • Contact for pricing
      22,814 SF

      Move-In Ready Industrial/Flex Space

      Remodeled industrial/flex space with high ceilings and main-road frontage.
      500 Auburn Ave, Pontiac, MI 48342
      View Details
    • $9 SF/Yr
      19,000 SF

      Pontiac Warehouse Space Available

      19,000 sq ft warehouse space for lease.
      49700 Woodward Avenue, Pontiac, MI, 48342
      View Details
    • Contact for pricing

      Retail Spaces in Pontiac Center

      Community center with high traffic and ample parking.
      3 S. Telegraph Road | Pontiac, MI 48341
      View Details
    • Contact for pricing
      24,319 SF

      Downtown Pontiac Corner Location

      High-visibility space in revitalized Downtown Pontiac, suitable for retail/office.
      67 N Saginaw St, Pontiac, MI 48342
      View Details
    • $9 SF/Yr
      9,840 SF

      Retail Space in Pontiac, MI

      Retail space available for lease in Pontiac, Michigan.
      29 S Saginaw St, Pontiac, MI
      View Details
    • Contact for pricing
      15,965 SF

      Pontiac Industrial Building For Lease

      16,000 SF industrial building with office space for lease.
      180 N Saginaw St, Pontiac, MI 48342
      View Details
    • Contact for pricing
      1,500 SF

      Secure Warehouse Space Available

      1500 sq ft warehouse with office and restroom.
      495 Perry St, Pontiac, MI 48342
      View Details
    • Contact for pricing

      New Construction Commercial Spaces Available

      New commercial spaces for lease in Downtown Pontiac, available 2026.
      49730 Woodward Avenue, Pontiac, MI, 48342
      View Details
    • Contact for pricing
      165,000 SF

      Pontiac Warehouse Space Available

      165,000 sq ft warehouse space in Pontiac, Michigan.
      Pontiac, MI, USA, Pontiac, MI, 48302
      View Details
    • Contact for pricing
      303,077 SF

      Class A Warehouse Distribution Building

      303,077 SF Class A warehouse/distribution building with ample parking.
      537 Bradford St, Pontiac, MI
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Two-story commercial building with flexible space in downtown Pontiac.
    Where is this mixed-use property located?
    The property is located at 70 Lafayette St Pontiac, MI.
    What is the lease rate?
    The lease rate is $5,000 /Mo.
    What are key features of this property?
    This property features: Prime location in Pontiac's thriving downtown district within the desirable Woodward Loop.; Approximately 4,400+ SF of flexible space suitable for various uses.; Excellent visibility and multiple entrances.
    (734) 673-6401
    We can help!
    Listing Contact
    Shawn R Arnaout
    Shawn R Arnaout
    Real Estate License ID: 6501362624
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    70 Lafayette St, Pontiac, MI 48342
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!